Seth Klarman: Why Value Stocks Have Under Performed

In a video interview with students of the Ivey Business School just after the financial crisis, Seth Klarman, the head of the Baupost hedge fund, and one of the world’s most successful value investors was asked to explain why he believed value stocks had underperformed growth immediately after the financial crisis. Q3 hedge fund letters, conference, scoops etc If you’re looking for value stocks, and exclusive access to value-focused hedge fund managers, check out ValueWalk’s exclusive value newsletter, Hidden Value Stocks. His response was three-pronged, and interesting because it gives a fascinating insight from one of the best value investors…